PARIS/LONDON, Jan 26 (Reuters) - Greek stocks fell in
volatile trade on Monday after anti-austerity party Syriza swept
to victory in Sunday's election, while European equities kept
rising on the European Central Bank's bond-buying plan.

Athens's ATG index was down 1.8 percent at 1043 GMT,
led lower by banking stocks such as Piraeus Bank, down
10.4 percent, and Alpha Bank, down 6 percent, with
investors taking a cautious stance as Greece's new leftwing
leader Alexis Tsipras was set to form a new government.

Greek shares briefly turned positive in volatile trade
before turning lower again, after Tsipras struck a deal with a
right-wing party to form a government to confront international
lenders and reverse years of painful austerity following a
crushing election victory by his Syriza party.

"Today the news is that there is a government, which gives
some reassurance. We said volatility will be the theme of the
day and definitely it will be up and down," said Vangelis
Karanikas, head of research at Euroxx Securities in Athens, who
added that a second round of elections would have been the worst
case scenario.
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